LVMH Q1 meets expectations, reassuring luxe sector

Wed, 17th Apr 2024 08:48

profit warning

, slip 0.4%

negative read-across

from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat

reads as "helpful"

to the sector, analysts say

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